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China stocks dipped again on Wednesday to the lowest since February 2019, while Hong Kong shares logged a seven-day losing streak, as the absence of market catalysts kept investor sentiment low. ** The blue-chip CSI 300 Index and the Shanghai Composite Index fell 0.5% each. ** Hong Kong's Hang Seng Index fell 0.6% and the Hang Seng China Enterprises Index dropped 0.5%. ** In Asia, Japanese stocks hit a near 34-year high, while other Asian equities meandered around one-month lows ahead of U.S.

Wodehouse Capital Advisors, a mid-market investment bank, has introduced the W.I.N. Strategy, an innovative investment solution tailored specifically for high-earning professionals, business families, and celebrities. 

Manappuram Finance plunged 7.4% to Rs 163.4 in Wednesday's trade on BSE after the market regulator Securities and Exchange Board of India (SEBI) put the IPO of its arm Asirvad Microfinance on hold. The delay in the IPO represents a blow to Manappuram Finance, which had raised its stake in Ashirwad Microfinance in June 2022, acquiring a majority stake as part of its broader diversification strategy. Asirvad Microfinance had filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 1,500 crore from the public back in October last year. At 11.22 am, the scrip was trading 4.9% lower at Rs 167.9 on BSE. However, in the last year, the stock has surged nearly 40%. In Q2 FY24, Manappuram Finance reported a 37% increase in consolidated net profit to Rs 561 crore.

Wealth Redefine. In an interview with LiveMint, Sarkar said that disciplined asset allocation safeguards investments by promoting a well-calibrated response to market dynamics. New-age investors are showing increased enthusiasm for aggressive equity investments, yet the key focus should always be on prudent asset allocation.

investment options. These encompass: Simplicity and user-friendliness: The rule is remarkably straightforward to comprehend and implement. Anyone can effortlessly calculate their desired equity allocation by subtracting their age from 100.

Starting in April, the biggest turnkey asset management provider in the U.S., Envestnet, will be led for the first time in its nearly 25-year history by someone who wasn’t there in the beginning.

Quiver Quantitative — In the dynamic world of finance, bond markets are presenting a fascinating scenario for 2024. Pacific Investment Management, managing a staggering $1.7 trillion in assets, foresees a unique opportunity in bonds. Despite the steep decline in yields from last year's zenith, Pimco's recent cyclical outlook predicts bonds can still yield equity-like returns in the coming six to 12 months. This period is expected to sustain recent gains in the bond market, albeit without further extension, diverging from their October recommendation to increase interest rate exposure.

By Joey Roulette

₹10 lakh segment. In the A-segment (entry-level cars), which is shrinking very fast, I’m one out of two players and my competition is giving huge discounts. I am not going to play a discount game.

NEW DELHI : After an expected spurt in the next fiscal year, government capital expenditure (capex) may grow at a more sedate pace in the years ahead as the Centre sets its sights on fiscal consolidation, two people aware of the plans said. The Union government may boost capex allocation by 25% to a record ₹12.5 trillion in 2024-25, Mint reported in November. However, the Centre is also keen to bring the fiscal deficit below the targeted 4.5% by 2025-26.

AI powerhouse NVIDIA (NASDAQ:NVDA) had an unconfirmed technical breakout yesterday, analysts at Fairlead Strategies highlighted.

West Bengal government on Tuesday on the Sandeshkhali incident, where the Enforcement Directorate officials were attacked in the state on January 5. Meanwhile, in the wake of the recent attack on ED, top brass of the Enforcement Directorate held a high level meeting in Kolkata with its agency officials, CRPF, NIA and BSF to chalk out future strategies about the probe and safety of the ED officials.

255 seats of the total 543 seats for the upcoming Lok Sabha elections. Here's a look at how seat-sharing talks are going on in different and what different political parties are demanding: The Aam Aadmi Party (AAP) is in power in Delhi. The national capital has seven Lok Sabha seats.

Bajaj Auto has pipped Mahindra & Mahindra to become the third most valuable automobile company in India intraday on Tuesday after nearly 20 months. The market capitalisation of one of the country’s largest two- and three-wheeler makers surged to Rs 2.09 lakh crore on Tuesday, crossing M&M’s market value of Rs 2.03 lakh crore. Maruti Suzuki is the most valuable automaker, followed by Tata Motors. Bajaj Auto shares gained 1.55% on Tuesday to close at Rs 7,094, extending their winning run in the past year after the company announced a share buyback at a 43% premium over Monday’s closing price. The company’s board on Monday approved a Rs 4,000 crore share buyback program at Rs 10,000 per share.

Financial advisors looking to monetize their practices now have a new option as Diversify launches a wealth management affiliation platform.

BENGALURU : Digital tech-focused Arkam Ventures has included electric vehicles and manufacturing as areas of focus for its second venture capital fund, in addition to fintech, skilling, software-as-a-service, logistics, and food agriculture, a top executive said. The second fund, thematically, has a multi-fund thesis, said Bala Srinivasa, managing director at Arkam Ventures. “In this fund, you will see a mix of sectors connected by the digitization thesis.

Activist investors are expected to carry out fewer environmental and social campaigns this year after the strategy proved less lucrative than other shareholder agendas, according to business consulting firm Alvarez & Marsal Inc. 

CoinDCX is offering a 1% bonus to all investors who wish to shift their holdings to the platform in a bid to capitalise on the government’s crackdown on offshore crypto trading platforms. CoinDCX has earmarked $1 million as incentives for investors looking to withdraw from offshore crypto exchanges, with a cap of Rs 10,000 per person. Through this initiative, the exchange expects a 500% surge in fresh inflows, contributing to an overall 10,000% increase in cryptocurrency deposits, Minal Thakur, EVP, Growth & Strategy at CoinDCX told ET. “In alignment with our unwavering commitment to the community, we have dedicated $1 million to incentivise users transitioning to CoinDCX,” Thakur said.

(Reuters) -Pension fund AustralianSuper has raised its stake in lithium miner Pilbara Minerals and alcohol retailer Endeavour Group, two separate exchange filings showed on Tuesday.

global markets, characterized by unexpected economic resilience in some regions and challenges in others. The year began under the shadow of slowing growth and recession concerns in major developed markets and, as it progressed, saw considerable inflation uncertainty, the war in Europe, and a new geopolitical flashpoint in the Middle East. Yet, by the end of the year, global equity markets, including India's, had soared to new heights, and the US Federal Reserve has given the markets a sugar rush by indicating a glide path to lower interest rates. The inescapable conclusion, as we hope our readers will infer, is that adhering to the fundamental principles of asset allocation remains the most preferred approach to investing. In this article we review the recent performance of key markets and portfolio strategies, and the optimal positioning for 2024.

markets as Nifty formed a strong bearish engulfing candlestick on the daily charts. This correction is on the expected lines as Nifty was at significantly higher levels than its 50-day mean price. In addition, the uncertainty around the corporate earrings may also play a role in the future movement of the market. However, these dips also offer a good opportunity and two stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.